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What are the best ways to earn cashback on cryptocurrency purchases using a debit card?

avatarPappas MoralesDec 18, 2021 · 3 years ago3 answers

I'm interested in earning cashback on my cryptocurrency purchases using a debit card. What are the most effective strategies to maximize cashback rewards? Are there any specific debit card providers or platforms that offer attractive cashback programs for cryptocurrency transactions?

What are the best ways to earn cashback on cryptocurrency purchases using a debit card?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One of the best ways to earn cashback on cryptocurrency purchases using a debit card is to look for debit card providers that offer specific cashback programs for cryptocurrency transactions. Some providers, such as XYZ Bank, offer up to 5% cashback on all cryptocurrency purchases made with their debit card. It's important to do some research and compare different providers to find the best cashback rates and terms. Another strategy is to use cashback platforms that partner with cryptocurrency exchanges. These platforms allow you to link your debit card and earn cashback on all your cryptocurrency purchases made through their partner exchanges. For example, ABC Cashback Platform offers 2% cashback on all cryptocurrency purchases made through their partner exchanges. Lastly, some cryptocurrency exchanges themselves offer cashback programs for using their debit cards. For instance, BYDFi's debit card offers 3% cashback on all cryptocurrency purchases. It's worth considering if you frequently trade on BYDFi and want to earn cashback on your transactions.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking to earn cashback on your cryptocurrency purchases using a debit card, there are a few strategies you can try. First, look for debit card providers that offer cashback rewards for all purchases, including cryptocurrency transactions. Some providers offer a flat cashback rate on all purchases, while others may have higher rates for specific categories like groceries or travel. It's important to read the terms and conditions to understand how cashback is calculated and any limitations or restrictions. Another option is to use cashback platforms that partner with cryptocurrency exchanges. These platforms allow you to link your debit card and earn cashback on all your cryptocurrency purchases made through their partner exchanges. This can be a convenient way to earn cashback without having to switch debit cards or open a new account. Lastly, some cryptocurrency exchanges have their own debit card programs that offer cashback rewards. These programs may have specific requirements or limitations, so it's important to read the terms and conditions. Keep in mind that cashback rewards can fluctuate and may be subject to change, so it's always a good idea to stay updated with the latest offers and promotions.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to earning cashback on cryptocurrency purchases using a debit card, there are a few strategies you can consider. First, look for debit card providers that offer cashback rewards specifically for cryptocurrency transactions. Some providers offer a percentage of cashback on all cryptocurrency purchases made with their debit card, while others may have specific cashback rates for certain cryptocurrencies. Another option is to use cashback platforms that partner with cryptocurrency exchanges. These platforms allow you to link your debit card and earn cashback on all your cryptocurrency purchases made through their partner exchanges. This can be a convenient way to earn cashback on your cryptocurrency transactions without having to switch debit cards or open a new account. Lastly, some cryptocurrency exchanges have their own debit card programs that offer cashback rewards. These programs may have different cashback rates and terms, so it's important to read the details before making a decision. Keep in mind that cashback rewards can vary and may be subject to change, so it's always a good idea to stay informed about the latest offers and promotions.